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Jan 22, 2013 8:00pm EST
ceiling. the house will vote wednesday on a measure that will occur -- extend the debt limit until may 19. included is a provision that if congress fails to pass a budget by april 15, lawmakers salaries will be held in escrow. this is 10 minutes. >> good afternoon. good evening. >> hard-working taxpayers understand that they have to balance their budgets from every week to every month. they also believe it's time for washington to balance its budget. over the last four years, house republicans have offered plans. our budget plans. we have done our budgets, but it's been nearly four years since the senate has done a budget. most americans believe if you don't do your job, you shouldn't get paid, that is the basis for no budget, no pay. it's time for the senate to act. chairman paul ryan has worked hard with the budget committee to outline the kind of reforms we would put in place to bring real fiscal responsibility here in washington. and the american people understand that you can't continue to spend money that you don't have. it's time for us to come to a plan that will, in fact, bala
Jan 23, 2013 1:00am EST
he was going to vote no to the debt ceiling increase. he went on the say "i oppose the effort to increase the debt limit. we now depend on foreign countries to pay debt". since then, we now have a $16.4 trillion debt, nearly doubled in six years. in fact, since this president has become president in 2009, he has added more than four times -- more than $4 trillion -- more debt in four years, excuse me than the previous president did in eight. so the four of you, was the president right? is this a failure of leadership and is there a better direction? >> well, i certainly think he was right that we shouldn't run the store based on borrowing. there's a lot of ways you can pay your debts an they don't always include -- >> since he made that speech it has gotten worse. he has done nothing to change the trajectory. is the president right, is it a leadership failure? >> i would grow with that. it is. >> congressman, i would be careful to point out that some of that increase in that debt that took place was a result of obligations that incurred long before he was ever president of the un
Jan 15, 2013 8:00pm EST
has said, ", if congress is going to tie the debt ceiling votes, which we have never done in our history, i will not play that game. the president needs to have somebody around him that knows the truth. that poor man is being lied to. all you have to do is look back in our history. every cut -- every time there was a cut in spending, it was often tied to the debt ceiling negotiations. go back to 1985, to 1990, 1993, 1997, 2010. speaker pelosi, in 2010, with president obama, tied a pay-go provision. she did it. why is it so wrong that the republicans want to do that in the house, like speaker pelosi did? let's get responsible. but the president doesn't even remember two years ago when speaker pelosi did that. somebody has got to help this poor man understand recent and distant history before the rating agencies say, you know what? we used to think the rule of law was going to help the u.s. economy and help the federal government get around to taking care of its debts, but these guys don't even follow the rule of law anymore. and as far as what the economists say, yeah, but we have
Jan 23, 2013 6:00am EST
something through in 3.5 weeks. we do not have the votes on our side to pass a debt ceiling that does nothing about the real problem, nothing to deal with the real crisis, the certain crisis. it is an irresponsible thing to do, to kick that can down the road. what we have been able to do is to say, let's give ourselves four months for a serious budget cycle, with the senate says they want to pass a budget for the first time in four years, and see where our priorities are, our values are, and we can come together and work on something. i am sad our witnesses have left us, but i am glad they were able to testify to the opportunities this provides. you look for those numbers of things the president agrees on, the senate agrees on, and the house agrees on, they are few and far between. i hope this is ceased to mark. -- i hope the house will seize this one tomorrow. >> there has been discussion about why we are here at this time. i chose that we could probably take a gamble or a risk and no some of our members may have to go. i apologize. they will be representing themselves to their appro
Search Results 0 to 3 of about 4